Minimum Wage

Like many “good deeds” that government gets involved with, the minimum wage that’s supposed to help low wage earners ends up hurting them instead. On Sunday, Celina Westervelt of News 13 (read it here) ran a pretty good story on the effects of the City of Albuquerque’s new Minimum Wage ordinance. Looks like an extra buck an hour will end up costing all of us a lot more than supporters want to tell you.

The County Commission will be taking up the issue at its January 22nd meeting. I’ve provided a draft copy of the legislation here. Like the city’s version, it includes an ill-advised provision to give every minimum wage employee a raise annually.